Cosmo Chemical Co., Ltd.
KKRX:0054209,580.00
KRW
-490.00
(-4.87%)
ISIN
KR7005420005
Return %
Stock
S&P 500
1Y
-50.64
13.14
3Y
-71.91
80.78
5Y
-33.14
67.74
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Doo-Young Kim
- Full Time Employees
- 257
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- 43, Banpo-daero Seoul SL South Korea
- IPO Date
- Jul 23, 1987
- Website
- cosmochem.co.kr
- Similar Companies
- Business
- Cosmo Chemical Co., Ltd. manufactures and sells titanium dioxide anatase and specialty chemicals primarily in South Korea. The company produces COTIOX KA-100, a general-purpose titanium dioxide anatase used as a white pigment in rubbers, paints, papers, resins, plastics, bricks, electronic components including TV cathode-ray tubes and MLCCs, catalysts, and photocatalysts; COTIOX KA-300, a titanium dioxide anatase grade applied in textiles such as polyester filament, staple, and acrylic fibers, as well as plastics and inks; ferrous sulfate heptahydrate and monohydrate serving as waste treatment agents, raw materials, and catalysts; poly ferric sulfate and liquid ferrous sulfate solutions utilized as waste treatment agents for dyeing, leather, paper, food, and other wastes including FENTON processes; cobalt sulfate in liquid and solid phases for lithium secondary batteries, paint driers, cobalt pigments, tire bonds, and related applications; and gypsum for construction materials. It also supplies products tailored for textiles, food, and electronics industries. Founded in 1968 as Hankook Titan Industry and renamed Cosmo Chemical Co., Ltd. in 2003 after prior changes including a shift to Hankook Titanium Industry in 1971, the company maintains headquarters in Incheon with key production at its Onsan plant in Ulsan and a Seoul office. Geographically focused on domestic markets with exports to regions including Canada, India, Japan, and Malaysia, Cosmo Chemical operates plants in Incheon and Onsan, emphasizing titanium dioxide as Korea's sole producer and cobalt sulfate as the nation's first domestic supplier since 2011. Recent developments include advancing battery recycling initiatives with a 2022 rights offering of KRW 45.1 billion to fund KRW 30 billion in recycling and lithium extraction facilities for nickel and cobalt recovery from waste batteries; patent applications in 2024 for iron phosphate production from titanium dioxide by-product iron sulfate to enter the LFP cathode materials market for secondary batteries, targeting commercialization within two to three years; and positioning cobalt sulfate and recycling as key growth engines amid rechargeable battery sector demand. The company received KRW 2.8 billion in funding support and maintains ongoing efforts to enhance competitiveness in high-value chemical materials despite recent financial pressures reflected in net losses.